May’s Brexit Worse for Economy Than EU Membership, Research Says

The Brexit deal negotiated by Prime Minister Theresa May will lower economic output over the coming decade compared with staying in the European Union, researchers said.

The deal would lower gross domestic product per capita by between 1.9 percent and 5.5 percent versusEU membership, said a team led by economist Jonathan Portes. Leaving without a deal could lower output per head as much as 8.7 percent.

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